Industry News

Real estate poised for ‘long-term’ strength

Despite rising interest rates, bankers forecast steady purchase-mortgage growth through 2006
Published on Jan 23, 2004

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by CareyBot

The Mortgage Bankers Association on Thursday released its long-term economic forecast for 2004, 2005 and 2006, which projects strong economic growth through 2006 and gross domestic product growth rates exceeding 4 percent each year. The MBA forecasts real GDP growth ...